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http://www.diodes.com.
Written requests may be sent directly to the Company, or they may be
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diodes-fin@diodes.com.

DIODES INCORPORATED AND SUBSIDIARIES

CONSOLIDATED CONDENSED STATEMENTS OF OPERATIONS

(unaudited)

(in thousands, except per share data)

Three Months Ended

Twelve Months Ended

December 31,

December 31,

2013

2012

2013

2012

NET SALES

$

210,993

$

163,287

$

826,846

$

633,806

COST OF GOODS SOLD

150,192

120,040

589,010

472,220

Gross profit

60,801

43,247

237,836

161,586

OPERATING EXPENSES

Selling, general and administrative

32,840

28,661

132,106

101,363

Research and development

12,466

9,295

48,302

33,761

Amortization of acquisition related intangible assets

2,003

1,721

8,078

5,122

Impairment of goodwill

5,318

-

5,318

-

Restructuring

-

-

1,535

-

Loss (gain) on sale of assets

169

-

216

(3,556

)

Total operating expenses

52,796

39,677

195,555

136,690

Income from operations

8,005

3,570

42,281

24,896

OTHER INCOME (EXPENSES)

Interest income

295

194

1,274

778

Interest expense

(1,430

)

(307

)

(5,580

)

(876

)

Gain (loss) on securities carried at fair value

(511

)

3,724

601

7,100

Other

(80

)

(561

)

9

(1,091

)

Total other income (expenses)

(1,726

)

3,050

(3,696

)

5,911

Income before income taxes and noncontrolling interest

6,279

6,620

38,585

30,807

INCOME TAX PROVISION

2,828

2,842

14,481

4,825

NET INCOME

3,451

3,778

24,104

25,982

Less: NET (INCOME) LOSS attributable to noncontrolling interest

2,753

297

2,428

(1,830

)

NET INCOME attributable to common stockholders

$

6,204

$

4,075

$

26,532

$

24,152

EARNINGS PER SHARE attributable to common stockholders

Basic

$

0.13

$

0.09

$

0.57

$

0.53

Diluted

$

0.13

$

0.09

$

0.56

$

0.51

Number of shares used in computation

Basic

46,666

46,011

46,363

45,780

Diluted

47,909

46,900

47,658

46,899

Note: Throughout this release, we refer to “net income attributable to
common stockholders” as “net income.”